First United Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
(a) and (b) Voting Results.
At the 2024 annual meeting of shareholders of First United Corporation (the “Corporation”) held on May 9, 2024, the shareholders voted on the four proposals set forth below. These proposals were submitted to a vote through the solicitation of proxies. The results of the votes are set forth below. For purpose of simplification, fractional votes have been omitted and voting numbers have been rounded to the nearest whole share.
Proposal 1 – Election of 11 directors to serve on the Corporation’s Board of Directors (the “Board”), each until the 2025 annual meeting of shareholders and until his or her successor is duly elected and qualified.
| For | Withheld | Abstain | Broker Non-Votes | |||||||||
| John F. Barr | 3,598,824 | 188,867 | 28,919 | 1,267,237 | ||||||||
| Brian R. Boal | 3,479,041 | 318,189 | 19,379 | 1,267,237 | ||||||||
| Sanu B. Chadha | 3,534,810 | 215,577 | 66,222 | 1,267,237 | ||||||||
| Christy M. DiPietro | 3,544,372 | 243,165 | 29,072 | 1,267,237 | ||||||||
| Kevin R. Hessler | 3,491,036 | 281,291 | 44,283 | 1,267,237 | ||||||||
| Patricia A. Milon | 3,543,507 | 242,535 | 30,568 | 1,267,237 | ||||||||
| Beth E. Moran | 3,604,977 | 192,366 | 19,267 | 1,267,237 | ||||||||
| Carissa L. Rodeheaver | 3,571,937 | 235,679 | 8,994 | 1,267,237 | ||||||||
| I. Robert Rudy | 3,561,543 | 236,185 | 18,882 | 1,267,237 | ||||||||
| Marisa A. Shockley | 3,566,939 | 221,812 | 27,859 | 1,267,237 | ||||||||
| H. Andrew Walls, III | 3,571,204 | 196,714 | 48,691 | 1,267,237 |
Proposal 2 – Reduce the votes required to approve certain shareholder actions, from two-thirds of all votes entitled to be cast on the matter to a majority of all votes entitled to be cast on the matter.
| For | Against | Abstain | Broker Non-Votes | |||
| 3,532,785 | 208,333 | 75,492 | 1,267,237 |
Proposal 3 – Adoption of advisory resolution approving the compensation paid to the Corporation’s named executive officers for 2023:
| For | Against | Abstain | Broker Non-Votes | |||
| 3,491,322 | 234,313 | 90,975 | 1,267,237 |
Proposal 4 – Ratification of the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2024:
| For | Against | Abstain | Broker Non-Votes | |||
| 5,044,211 | 25,510 | 14,126 | 0 |
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The exhibits filed or furnished with this report are listed in the following Exhibit Index:
| Exhibit No. | Description | |
| 104 | Cover page interactive data file (embedded within the iXBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FIRST UNITED CORPORATION | ||
| Dated: May 10, 2024 | By: | /s/ Tonya K. Sturm |
| Tonya K. Sturm | ||
| Senior Vice President & CFO | ||
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